Google is investing around $300 million in artificial intelligence (AI) firm Anthropic. The tech giant announced a partnership with Anthropic in a news release Friday (Feb. 3), with the companies saying the AI company chose Google as its preferred cloud provider. While the release did...
Tech investor Tiger Global Management has reportedly slashed the value of its private funds by nearly 25% this year, leading to one of the industry’s largest-ever declines in assets at $42 billion. That’s according to a recent report by Bloomberg News, which says that Stripe,...
In the midst of an economically uncertain time in China stemming from the trade war with the U.S., Xiaomi said it will invest at least 10 billion yuan ($1.5 billion) in artificial intelligence and Internet of Things (IoT) smart devices over the next five years....
In a divergence from its traditional method of tech investing, Spanish banking firm BBVA is closing its venture arm, known as BBVA Ventures. The parent company will then take the $100 million it had in that fund, along with an additional $150 million, and form...
November 28, 2023
Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around $45 billion for the year, down from $82 billion in […]
February 05, 2023
Google is investing around $300 million in artificial intelligence (AI) firm Anthropic. The tech giant announced a partnership with Anthropic in a news release Friday (Feb. 3), with the companies...
November 27, 2022
Tech investor Tiger Global Management has reportedly slashed the value of its private funds by nearly 25% this year, leading to one of the industry’s largest-ever declines in assets at...
January 11, 2019
In the midst of an economically uncertain time in China stemming from the trade war with the U.S., Xiaomi said it will invest at least 10 billion yuan ($1.5 billion)...
